Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person is a category 2 student in respect of a period if:
(a) the person is not a category 1 student in respect of the period; and
(b) throughout the period the person is undertaking full - time study; and
(c) throughout the period youth allowance at the youth allowance general rate is not payable to the person only because of the operation of one or more of the following:
(i) Module F (the parental income test) of the Youth Allowance Rate Calculator in section 1067G;
(ii) Module G (the family actual means test) of that Calculator;
(iii) Subdivision AB (the youth allowance assets test) of Division 2 of Part 2.11; and
(d) if subparagraph (c)(i) applies--the person's combined parental income for the appropriate tax year under Submodule 4 of Module F is throughout the period less than the person's modified parental income free area; and
(e) if subparagraph (c)(ii) applies--the actual means of the person's family under Module G is throughout the period less than the person's modified parental income free area; and
(ea) if subparagraph (c)(iii) applies--the allowance would have been payable if the reference to 50% in subsection 547G(2) were instead a reference to 75%; and
(f) neither section 1061ZZAA nor 1061ZZAB applies to the person.
(2) For the purposes of paragraphs (1)(d) and (e), the
person's modified parental income free area is the indexed amount that
would be the person's parental income free area under point 1067G - F22 if
the amount of $23,400 that was specified in paragraph 1067G - F22(a)
when that paragraph was enacted had been $54,949.